The Billable Hour Is An Albatross

“In any business,” writes Timothy B. Corcoran, Corcoran Consulting Group, “if you have a compensation plan that is in conflict with your strategy, the compensation plan becomes your strategy.” He also address some other basic law firm management issues, including a few that at some firms seemingly are not recognized, much less addressed. He makes the case that in one important respect, law firms should be run more like the typical law department.